Benson Hill (NYSE:BHIL) Trading 3.5% Higher

Shares of Benson Hill, Inc. (NYSE:BHIL - Get Free Report) shot up 3.5% on Monday . The company traded as high as $7.13 and last traded at $7.11. 17,572 shares were traded during trading, a decline of 46% from the average session volume of 32,574 shares. The stock had previously closed at $6.87.

Benson Hill Trading Down 1.8 %

The firm's 50 day simple moving average is $11.04 and its 200-day simple moving average is $8.20. The company has a market capitalization of $1.48 billion, a PE ratio of -10.16 and a beta of 2.14. The company has a quick ratio of 1.86, a current ratio of 2.38 and a debt-to-equity ratio of 1.75.

Benson Hill (NYSE:BHIL - Get Free Report) last announced its quarterly earnings results on Thursday, August 8th. The company reported ($3.27) earnings per share for the quarter, missing analysts' consensus estimates of ($2.10) by ($1.17). Benson Hill had a negative return on equity of 124.29% and a negative net margin of 33.88%. The business had revenue of $33.77 million for the quarter, compared to analysts' expectations of $24.30 million. As a group, equities research analysts anticipate that Benson Hill, Inc. will post -12.91 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in BHIL. Moloney Securities Asset Management LLC increased its stake in shares of Benson Hill by 0.8% in the second quarter. Moloney Securities Asset Management LLC now owns 421,050 shares of the company's stock worth $64,000 after buying an additional 3,500 shares during the last quarter. Renaissance Technologies LLC increased its position in shares of Benson Hill by 27.9% in the 2nd quarter. Renaissance Technologies LLC now owns 582,001 shares of the company's stock worth $89,000 after purchasing an additional 126,800 shares during the last quarter. Norden Group LLC acquired a new stake in shares of Benson Hill in the 1st quarter valued at about $28,000. Builders Vision LLC grew its stake in Benson Hill by 1.2% in the first quarter. Builders Vision LLC now owns 11,631,755 shares of the company's stock worth $2,338,000 after purchasing an additional 138,888 shares in the last quarter. Finally, Clarius Group LLC bought a new stake in Benson Hill in the second quarter valued at about $36,000. 36.21% of the stock is owned by institutional investors and hedge funds.

About Benson Hill

Benson Hill, Inc, together with its subsidiaries, operates as a food technology company that unlocks natural genetic diversity of plants. It operates in two segments, Ingredients and Fresh. The company offers CropOS, a technology platform, which uses artificial intelligence, data, and various advanced breeding techniques that combine data, plant, and food sciences to deliver crops optimized for food, ingredient, and feed products.